Belgium's annual inflation eased to 3.4% in June 2026 from 4.08% in May, slowing for the first time in four months. Energy inflation slowed to 10.3% from 11.2%, while motor fuel prices were 18.8% higher than a year earlier but fell 6.4% from the previous month. The moderation was also driven by food prices, which declined 0.1% after rising 1.2% in May, and softer inflation for transport (5.5% vs 7.9%). Inflation also eased for clothing and footwear (1.2% vs 2.3%), furnishings (0.1% vs 0.4%), information and communication (1.6% vs 1.9%), and restaurants and hotels (4.1% vs 5.9%). Meanwhile, inflation accelerated for housing and utilities (4.6% vs 3.6%), reflecting faster electricity price growth (6.2% vs 2.9%), as well as for recreation and culture (8.3% vs 8.1%) and health (6.7% vs 6.6%). Inflation was unchanged for education (2.4%) and financial services (2.2%). On a monthly basis, consumer prices fell 0.3% in June after rising 0.08% in May.